I have no idea what the title of Bob Cringley’s new article (What Goes on the Net, Stays on the Net: Is there a beer bong on YOUR resume?) has to do with the content, but the message is clear: filmmaker, beware of the rights you are now giving to YouTube if you decide to post.

Here are the exact words of the new YouTube license:

“…by submitting the User Submissions to YouTube, you hereby grant YouTube a worldwide, non-exclusive, royalty-free, sublicenseable and transferable license to use, reproduce, distribute, prepare derivative works of, display, and perform the User Submissions in connection with the YouTube Website and YouTube’s (and its successor’s) business…in any media formats and through any media channels.”

The YouTube license says “you retain all of your ownership rights in your User Submissions.” And while that’s true, the license explicitly gives them the right to do whatever they want with your video. They say they don’t have the rights to sell users’ content, but the wording says otherwise and there’s nothing in the license to prohibit them from doing so.